Honasa Consumer announced that the 8th Annual General Meeting (AGM) of the company will be held on 29 August 2024.Powered by Capital Market - Live News

Honasa Consumer announced the strategic acquisition of the assets of CosmoGenesis Labs (CosmoGenesis Cosmetics a sole proprietorship firm), a renowned leader in cosmetic formulation and development within the field of premium skincare solutions. With this acquisition, Honasa takes a significant leap in research driven innovation and underscores the capabilities to stay ahead of the curve in terms of crafting for Indian consumers.Founded by Rohini Manoj in 2011, CosmoGenesis has solidified its position as a frontrunner in the cosmetic formulation and development industry in India. With a steadfast dedication to innovation and quality, CosmoGenesis has been instrumental in supporting a staggering number of over 5000 cosmetic and personal care formulations for businesses in India.Powered by Capital Market - Live News

Net profit of Honasa Consumer reported to Rs 30.48 crore in the quarter ended March 2024 as against net loss of Rs 159.97 crore during the previous quarter ended March 2023. Sales rose 21.46% to Rs 471.09 crore in the quarter ended March 2024 as against Rs 387.86 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 111.78 crore in the year ended March 2024 as against net loss of Rs 142.81 crore during the previous year ended March 2023. Sales rose 28.61% to Rs 1919.90 crore in the year ended March 2024 as against Rs 1492.75 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales471.09387.86 21 1919.901492.75 29 OPM %7.03-0.76 -7.141.53 - PBDT49.031.54 3084 177.7538.62 360 PBT39.25-6.12 LP 147.1313.66 977 NP30.48-159.97 LP 111.78-142.81 LP Powered by Capital Market - Live News

Honasa Consumer will hold a meeting of the Board of Directors of the Company on 23 May 2024Powered by Capital Market - Live News

The Derma Co., the leading active ingredient brand designed by dermatologists from Honasa Consumer, announced its first-of-its-kind collaboration with Dr Vanita Rattan (Dr V), a renowned doctor, cosmetic formulator, and influential figure from UK. This pioneering collaborationwill lead to the debut of an industry-first skincare range, Skin Renew by The Derma Co. X Dr V, meticulously formulated by Dr V to cater to the unique skin care needs of the Indian population.The Skin Renew Range comprises of five essential products � Face Wash, Toner, Moisturizer, Retinol Cream Serum, and Exfoliator and targets three key areas: barrier repair, brightening, and anti-acne solutions.Powered by Capital Market - Live News